Turkish Lira (TRY)

Discussion in 'Forex' started by m22au, Apr 11, 2018.

  1. zdreg

    zdreg

    Hi m22au
    same old shit
    political leaders trying to push their central banks to follow loose monetary policies.
     
    Last edited: Jul 25, 2018
    #61     Jul 25, 2018
  2. m22au

    m22au

    ok thank you
     
    #62     Jul 27, 2018
  3. m22au

    m22au

    "Goldman Warns Turkish Banks Will Be Wiped Out If Lira Hits 7.1"
    https://www.zerohedge.com/news/2018...rkish-banks-will-be-wiped-out-if-lira-hits-71

    Levels at which Goldman believes excess capital would be eroded:
    IS 6.3
    YKB 6.3
    AK 6.9
    HALK 7.6
    GAR 7.6
    VAK 7.7

    Sensitivity
    AK -67
    GAR -61
    YKB -53
    IS -52
    VAK -44
    HALK -43

    https://en.wikipedia.org/wiki/List_of_banks_in_Turkey

    https://en.wikipedia.org/wiki/Ziraat_Bankası (does not appear to be one of the six above)

    IS
    https://en.wikipedia.org/wiki/Türkiye_İş_Bankası

    GAR
    https://en.wikipedia.org/wiki/Garanti_Bank

    AK
    https://en.wikipedia.org/wiki/Akbank

    YKB
    https://en.wikipedia.org/wiki/Yapı_ve_Kredi_Bankası

    HALK
    https://en.wikipedia.org/wiki/Halk_Bankası

    VAK
    https://en.wikipedia.org/wiki/VakıfBank

    .
     
    #63     Aug 8, 2018
    VictorS and zdreg like this.
  4. maxinger

    maxinger

    Anyone getting TRY datafeed for Esignal charting software?
    I'd like to know which particular exchange you subscribe to for the datafeed.

    Also let me know which particular TRY cross pair you are trading.
    I can see TRY.JPY pair in IB trading platform,
    and in another platform, I can see Euro Lira pair but volume is practically zero.
     
    #64     Aug 10, 2018
  5. m22au

    m22au

    Aug. 10, 2018 3:40 AM ET
    "Contagion concerns from Turkish drama"
    https://seekingalpha.com/news/3381519-contagion-concerns-turkish-drama

    "Stocks dive, euro falls, as Turkey turmoil ripples out"
    https://www.reuters.com/article/us-...s-as-turkey-turmoil-ripples-out-idUSKBN1KV03F

    "Turkey Meltdown: Lira Implodes As Panicked Sellers Spark Global Contagion"
    https://www.zerohedge.com/news/2018...lodes-panicked-sellers-spark-global-contagion

    "World Markets Roiled As Turkey Currency Crisis Goes Global"
    https://www.zerohedge.com/news/2018-08-10/world-markets-roiled-turkey-currency-crisis-goes-global

    Banks (outside Turkey) with exposure to Turkey mentioned are BBVA, Unicredit, BNP Paribas

    .
     
    #65     Aug 10, 2018
  6. m22au

    m22au

    Akbank
    US symbol AKBTY

    IS Bank
    US symbol TIBD
    US symbol TYABY

    Garanti
    TKGBY
    TKGZY

    YK Bank
    YKBD

    Halk
    THBIY

    Vak
    TKYVY
     
    #66     Aug 10, 2018
    VictorS likes this.
  7. m22au

    m22au

    12.00BST: President Erdogan to speak
    12.30BST: Finance Minister Albayrak announces new economic model

    Next
    14.30BST: President Erdogan to speak again (9.30am New York)

    .
     
    #67     Aug 10, 2018
  8. Tsing Tao

    Tsing Tao

    Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god'


    Ah yes. God will save you from a currency collapse.
     
    #68     Aug 10, 2018
  9. dealmaker

    dealmaker

    Emerging Currencies

    The Turkish lira is still sliding—it lost as much as 13% of its value against the dollar today, and is down more than 20% over the week. Markets are worried about Turkey's ability to pay back foreign currency debts. Meanwhile, the Russian ruble lost as much as 5% against the dollar yesterday, and Russian stocks fell by as much as 9%. The big losers there were state banks and the airline Aeroflot, which would suffer if yet more U.S. sanctions arrive. Financial Times
     
    #69     Aug 10, 2018
  10. m22au

    m22au

    Last edited: Aug 13, 2018
    #70     Aug 13, 2018